14 October 2019
The Government’s decision to set up a disciplinary system for financial advisers appears to have blindsided the industry, which had been preparing for the launch of its own monitoring scheme on January 1...
14 October 2019
The Australian Securities and Investments Commission expects to release this month its findings on the industry’s handling of total and permanent disability claims, a spokesman told insuranceNEWS.com.au today...
14 October 2019
The Australian Securities and Investments Commission has banned a Queensland-based financial adviser for seven years for inappropriate insurance advice...
14 October 2019
AMP Limited has merged its banking and wealth management businesses under a new banner, AMP Australia...
14 October 2019
The superannuation sector is set to come under political scrutiny yet again with a series of hearings to be held next month...
14 October 2019
AMP Superannuation has more “zombie accounts” being eaten away by insurance and fees than any other super fund, Choice says...
14 October 2019
The Australian and New Zealand Institute of Insurance and Finance and a working group of life insurers are establishing a framework to help lift professional standards across the life insurance industry...
14 October 2019
MetLife and SuperFriend are trialling a program to help claims managers provide intensified support to customers...
14 October 2019
Financial Advice New Zealand has welcomed draft regulations around new disclosure requirements for financial advisers, but says they need fine-tuning...
14 October 2019
MLC Life has appointed Andrea Forbes as Executive Lead – Relationship Management in its group insurance team...
14 October 2019
Integrity Life is launching a new combined group insurance product for small to medium businesses...
07 October 2019
The profitability of the life insurance sector is no longer sustainable, the Reserve Bank says...
07 October 2019
CommInsure has been charged with 87 criminal counts relating to the illegal hawking of life insurance policies and could face a combined maximum penalty of more than $1.8 million...
07 October 2019
The Federal Government has released draft legislation to bring funeral expenses policies under the same scrutiny as similar financial products after the Hayne royal commission heard evidence of high-pressure selling tactics...
07 October 2019
Speculation is again mounting that Westpac may be considering a sale of its life insurance assets...
07 October 2019
The stripping of insurance in super from low balance accounts and young members may jeopardise the mental health of thousands of people, warns national workplace mental health organisation SuperFriend...
07 October 2019
Re-adopting the mutual insurance model is the key to the future viability of the life insurance industry, a new “white paper” by former financial adviser and Alliton Capital founder Barry Daniels says...
07 October 2019
CountPlus will develop a new strategic plan, team structure and new leaders for financial advice business Count Financial as it seeks to integrate the acquired company into its business...
07 October 2019
Pacific Life Re has promoted Tyson Johnston to the role of General Manager, Australia...
07 October 2019
A triple-header event recognising the life insurance industry’s efforts in health and wellness, product design and direct life will be held in Sydney on October 17...